Gartner
Market Cap
US$9.6b
Last Updated
2020/03/31 00:18 UTC
Data Sources
Company Financials +
Executive Summary
Gartner, Inc. operates as a research and advisory company.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with reasonable growth potential.
Similar Companies
Share Price & News
How has Gartner's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
17.6%
IT
8.3%
US IT
7.2%
US Market
1 Year Return
-29.6%
IT
-2.8%
US IT
-10.4%
US Market
Return vs Industry: IT underperformed the US IT industry which returned -2.8% over the past year.
Return vs Market: IT underperformed the US Market which returned -10.4% over the past year.
Shareholder returns
| IT | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.6% | 8.3% | 7.2% |
| 30 Day | -16.7% | -12.6% | -12.6% |
| 90 Day | -30.0% | -15.2% | -19.4% |
| 1 Year | -29.6%-29.6% | -1.8%-2.8% | -8.5%-10.4% |
| 3 Year | -0.8%-0.8% | 63.1%56.0% | 15.8%8.3% |
| 5 Year | 28.8%28.8% | 92.0%75.1% | 35.8%21.0% |
Price Volatility Vs. Market
How volatile is Gartner's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
What Is Gartner's (NYSE:IT) P/E Ratio After Its Share Price Tanked?4 weeks ago | Simply Wall St
Investors Who Bought Gartner (NYSE:IT) Shares Five Years Ago Are Now Up 59%1 month ago | Simply Wall St
Have Gartner, Inc. (NYSE:IT) Insiders Been Selling Their Stock?Valuation
Is Gartner undervalued compared to its fair value and its price relative to the market?
19.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IT ($107.81) is trading below our estimate of fair value ($134.63)
Significantly Below Fair Value: IT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IT is poor value based on its PE Ratio (41.5x) compared to the IT industry average (24.2x).
PE vs Market: IT is poor value based on its PE Ratio (41.5x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: IT is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: IT is overvalued based on its PB Ratio (10.2x) compared to the US IT industry average (2.8x).
Next Steps
Future Growth
How is Gartner forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
14.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IT's forecast earnings growth (14% per year) is above the savings rate (1.7%).
Earnings vs Market: IT's earnings (14% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: IT's earnings are forecast to grow, but not significantly.
Revenue vs Market: IT's revenue (8.3% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: IT's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IT's Return on Equity is forecast to be very high in 3 years time (57%).
Next Steps
Past Performance
How has Gartner performed over the past 5 years?
-2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IT has high quality earnings.
Growing Profit Margin: IT's current net profit margins (5.5%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: IT's earnings have declined by -2.8% per year over the past 5 years.
Accelerating Growth: IT's earnings growth over the past year (90.5%) exceeds its 5-year average (-2.8% per year).
Earnings vs Industry: IT earnings growth over the past year (90.5%) exceeded the IT industry 13.4%.
Return on Equity
High ROE: Whilst IT's Return on Equity (24.86%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Gartner's financial position?
Financial Position Analysis
Short Term Liabilities: IT's short term assets ($2.0B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: IT's short term assets ($2.0B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: IT's debt to equity ratio (239.6%) is considered high.
Reducing Debt: IT's debt to equity ratio has reduced from 260.3% to 239.6% over the past 5 years.
Debt Coverage: IT's debt is well covered by operating cash flow (25.1%).
Interest Coverage: IT's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Inventory Level: IT has a low level of unsold assets or inventory.
Debt Coverage by Assets: IT's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is Gartner's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.8yrs
Average management tenure
CEO
Gene Hall (62yo)
15.58s
Tenure
US$11,502,517
Compensation
Mr. Eugene A. Hall, also known as, Gene serves as Chief Executive Officer of Gartner Inc. since 2004. He is Chief Executive Officer of Gartner Consulting, Inc., a subsidiary of Gartner, Inc. Mr. Hall has b ...
CEO Compensation Analysis
Compensation vs Market: Gene's total compensation ($USD11.50M) is about average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 15.58yrs | US$11.50m | 1.34% $129.1m | |
| Executive VP & CFO | 5.67yrs | US$3.51m | 0.048% $4.6m | |
| Executive Vice President of Global Business Sales | 0.83yr | US$2.59m | 0.020% $1.9m | |
| Executive Vice President of Human Resources | 11.83yrs | US$2.58m | 0.015% $1.4m | |
| Executive Vice President of Conferences | 11.83yrs | US$2.60m | 0.046% $4.4m | |
| Senior Director of Sales Strategy & Operations | no data | no data | no data | |
| Executive VP & Chief Information Officer | 3.67yrs | no data | 0.017% $1.6m | |
| Group Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 2.58yrs | no data | 0.0085% $817.5k | |
| Executive Vice President of Products & Services | 13.58yrs | no data | 0.16% $15.3m |
8.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: IT's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 15.58yrs | US$11.50m | 1.34% $129.1m | |
| Independent Director | 10yrs | US$300.07k | 0.068% $6.5m | |
| Independent Director | 26.83yrs | US$317.42k | 0.15% $14.6m | |
| Independent Director | 8yrs | US$310.03k | 0.078% $7.5m | |
| Independent Director | 14yrs | US$330.07k | 0.027% $2.6m | |
| Independent Director | 12.67yrs | US$314.90k | 0.022% $2.1m | |
| Independent Director | 20.67yrs | US$332.61k | 0.024% $2.3m | |
| Independent Chairman of the Board | 15.58yrs | US$414.88k | 1.19% $114.7m | |
| Independent Director | 2.42yrs | US$306.05k | 0.0011% $107.6k | |
| Independent Director | 3.58yrs | US$307.58k | 0.0020% $188.3k |
13.3yrs
Average Tenure
64yo
Average Age
Experienced Board: IT's board of directors are seasoned and experienced ( 13.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IT insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Gartner, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gartner, Inc.
- Ticker: IT
- Exchange: NYSE
- Founded: 1979
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: US$9.606b
- Shares outstanding: 89.10m
- Website: https://www.gartner.com
Number of Employees
Location
- Gartner, Inc.
- 56 Top Gallant Road
- PO Box 10212
- Stamford
- Connecticut
- 6902
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1993 |
| GGRA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1993 |
| 0ITV | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 1993 |
| G1AR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Gartner, Inc. operates as a research and advisory company. It operates through three segments: Research, Conferences, and Consulting. The Research segment offers objective insights and advice on the priorities of various leaders in a range of functional areas of the enterprise through reports, briefings, proprietary tools, access to research expert, peer networking services, and membership programs that enable clients to drive organizational performance; and research and analysis in various business functions, such as human resources, sales, legal, and finance. This segment delivers its research, primarily through a subscription service. The Conferences segment offers business professionals in an organization the opportunity to learn, share, and network various events. The Consulting segment offers market research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, technology modernization, and IT sourcing optimization. The company has operations in the United States, Canada, Europe, the Middle East, Africa, and internationally. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 00:18 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.